Serban’s Crypto Picks – High Conviction Projects and Trading Calls
High conviction projects – Expect steady growth over the next months
Coti $COTI – great project, lots of hype around it, most crypto people hold a bag for the long run; currently under its ATH with potential to quickly get back up there, subject to overall market conditions of course
Description from COTI themselves: The ultimate power grid of payments. In an era of “everything digital” currencies remain outdated.
Currently, it’s cheaper to pay in cash than to use banks, PayPal, Alipay and the like.
COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution and digitize any currency to save time and money
Frontier $FRONT – solid project with very low mcap (100mil) so a lot of potential to grow from here mid-term.
Description from Coinmarketcap: Frontier is a Chain Agnostic DeFi Aggregation layer. Using Frontier, Users can Track and Manage DeFi positions, Stake Assets, Swap or Exchange Assets and explore more DeFi Applications in one single place. Frontier is also building Frontier chain, which is a Decentralised Key Management blockchain based on Cosmos SDK. FRONT is the Utility token that is used for:
- Staking on Frontier Chain
- Gasless transactions in Application Suite ( iOS and Android)
- Liquidity Provisions (DEXs and AMMs)
- Incentive protocol (Incentivizing using of DeFi via Frontier)
- NFT Acquisition
- Referrals
Litentry $LIT – good project, recently launched, is currently accumulating in a rather straight line; low mcap with potential to boom eventually; can expect a retrace around the 11$mark so an entry is recommended on the dip / if it breaks 11$ can buy then.
Description from Litentry themselves: As people have already generated massive amounts of data in various decentralized systems, a way must be found to connect these data so that they can flow across different systems and platforms, while user pri-vacy and data sovereignty are preserved. This approach can truly reflect the core value of Web3. Meantime, the advent of blockchain provides an effective underlying data registry infrastructure that enables data to be indexed and retrieved, as well as bolstering the growth and adoption of DID
Kusama $KSM – super expensive right now, it has gone parabolic for a while, but I just can’t NOT recommend it. It’s a sort of trial network for projects building onto Polkadot (another coin that would be irresponsible of me not to recommend). You just have to own some DOT and/or KSM. Can’t advise on good entries as KSM is in price discovery and DOT is just expensive (6th place in marketcap overall)
Description from Coinmarketcap: Self-described as “Polkadot’s wild cousin,” Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers.
Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.
By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.”
The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product.
Solana $SOL – I recommended this one before 50% the pump this weekend; still a very good project and solid hold, though I would wait for a retrace from this ATH and get in on the dip
Description from Coinmarketcap: Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
Terra Virtua Kolect $TVK – Very interesting project, riding the NFT wave since before it was so mainstream. They’ve already seen higher ATH than current position and in the next 2 weeks I fully expect to break that ATH.
Terra Virtua Kolect is a cross-platform non-fungible token (NFT) ecosystem that offers a curated marketplace for NFT creators and collectors to interact. The Terra Virtua Kolect platform spans web, PC and mobile AR/VR environments.
The Terra Virtua Kolect project raised $2.6 million in three rounds of token sales. Some of Terra Virtua’s partners for creating digital collectibles include Legendary Entertainment and Paramount Pictures.
Terra Virtua was formed as a project in 2017, but its utility token TVK only launched on Dec. 16, 2021.
What Makes Terra Virtua Kolect Unique?
Terra Virtua allows users to own digital art that can be experienced both online and through virtual reality, allowing users to enjoy digital assets with friends and trade within the community.
The Terra Virtua platform has a trading platform, for the trading and buying of NFTs, a mobile app for using NFTs together with augmented reality, and a PC application for viewing NFTs in 3D environments.
Terra Virtua allows users to own digital art that can be experienced both online and through virtual reality, allowing users to enjoy digital assets with friends and trade within the community.
The Terra Virtua platform has a trading platform, for the trading and buying of NFTs, a mobile app for using NFTs together with augmented reality, and a PC application for viewing NFTs in 3D environments.
Origin Protocol $OGN – huge potential to be the leading project in the NFT movement. They understand the market, they adapt quickly, the team is amazing and the fundamentals are there. It’s in a bit of an aggressive leg up and I would normally wait for a dip but honestly with this project, the dip may never come. Risky entry here but still good if you want to hold it longer term.
Description from Coinmarketcap: Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer (P2P) networks. The platform aims to create an extensive online marketplace leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) in order to eliminate the need for middlemen.
The protocol allows for the creation of a decentralized setting where both buyers and sellers can connect, check for available listings, write reviews and perform many other actions. With this, fractional usage of assets can be traded more easily.
Origin Protocol addresses the fundamental issues of extant online markets, such as unfair transaction fees, lack of transparency, less drive for innovation and centralization issues. The protocol creates a decentralized and incentivized environment for buyers and sellers to facilitate business.
Uniswap $UNI – definitely a great hold as it has basically enabled the whole DeFi space. Currently postponed some important update so it’s a good buy only if you can hold it for another 2 months or so. Expect it to reach the high $30s – low $40s once update goes live May / June.
Description from Coinmarketcap:
Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.
An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.
Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.
Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.
In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.
Serban’s Crypto Picks – Trading Call – BUY Litecoin LTC
Litecoin LTC is looking like a good buy below 200$ mark. Expecting it to go to about 270-290 $ where we would take profit. It comes on time with PayPal’s announcement that they’ll accept LTC for payments – If it doesn’t manage to break 220$ (bounces off) then we can take profits there and move to the next coin
Description from Coinmarketcap: Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a “lite version of Bitcoin,” in that it features many of the same properties as Bitcoin—albeit lighter in weight.